MidEast

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Israel and Chile Sign R&D Cooperation Pact

The Israeli Innovation Authority recently signed an R&D cooperation agreement with its Chilean counterpart, which aims to connect startups, technology, and research in a variety of fields.

Chile is among the leaders in entrepreneurship and technology in the Pacific Alliance (Mexico, Peru, Colombia and Costa Rica), which has a joint GDP of $3 trillion and 40 percent of the GNP of all of Latin America – making it the eighth largest global economy.

Israel and Chile will join forces to find technology-based solutions to the challenges raised by climate change, desert irrigation, and the development of solar energy.

The Israel Innovation Authority hopes that Chile will serve as a springboard for Israel to enter global markets in a range of traditional industries. Chile is a global leader in mining, agriculture, and food production, and has one of the highest export rates for wine, fishery, and metals in the world.

(via Israel21c)

[Photo: Javmoraga / Wikimedia ]